June 2015

FDI with Assured Returns?

The Bombay High Court’s recent decision in the case of IDBI Trusteeship Services Limited v. Hubtown Ltd. could prove to be a game changer as far as laws related to foreign investment are concerned. Through a complex transaction, a foreign investor subscribed to compulsory convertible debentures and 10% of the equity shares of an Indian…

© Finsec Law Advisors | 2019
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